The following is a list of websites that can provide useful information for dealercontrolled financing dealers. They are great sources of information on news and latest trends in the industry.
NIADA.com – NIADA.com is the website of the National Independent Automobile Dealers Association. NIADA, founded in 1946 has represented quality independent automobile dealers for over 65 years. NIADA assists its members in becoming more successful within the used motor vehicle industry. Through membership in NIADA, you can join with over 20,000 other professional auto dealers who share your dream of financial prosperity for your business. NIADA is your legislative advocate — protecting your business interests. The association consistently brings you industry education, valuable information, services and benefits designed to prepare members for an ever-changing marketplace. They provide educational opportunities designed specifically for BHPH dealers, as well as independent retail dealerships.
In addition, your state independent auto dealer association most likely has additional programs available to assist dealers in that state. You can access a list of these associations and their contact information on the NIADA website.
BHPHinfo.com – BHPHInfo.com is the website of the National Alliance of Buy Here Pay Here Dealers. The National Alliance of Buy Here, Pay Here Dealers (NABD) was founded in 1999 as the only organization focusing exclusively on the needs of the large and growing Buy Here, Pay Here industry. NABD, as a special interest group, is dedicated to improving the quality of Buy Here, Pay Here dealers through education, ongoing training, and by promoting the interests of self-finance dealers nationwide. Membership is open to all buy here, pay here dealers nationwide and to those who serve the sub-prime industry. NABD also provides numerous educational and training programs for BHPH & LHPH dealers.
CounselorLibrary.com & CarLaw.com – These are two of the websites for the legal firm Hudson, Cook LLC. This firm and its principal, Tom Hudson, concentrate on the automotive and housing lending businesses. Ton Hudson is considered to be one of the top attorneys devoted to the auto business. He and his fellow attorneys at the firm have written numerous books, manuals and guides for compliance and legal issues facing auto dealers. His book, F&I Legal Desk Book, is a guide that should be read and used by every auto dealer. It is the official textbook for the AFIP Certified F&I Professional Program. They also produce a newsletter, Spot Delivery, which contains updates on compliance and legal issues and is mailed to subscribers 11 times a year. You can review and order any of the material produced by the Hudson, Cook attorneys on this website.
AFIP.com – Home page of the Association of Finance & Insurance Professionals, AFIP.com provides information on training in the legal and ethical requirements of financing automobiles. AFIP certification requires in-depth study of legal and compliance issues and is the hallmark of professional F&I personnel.
SpecialFinanceInsider.com & AutoDealerMonthly.com – These are the websites of two emagazines published by Greg Goebel. Each contains content written by BHPH & LHPH experts regularly. Many of the top writers in the industry contribute to these magazines. They also have a social networking site, AutoDealerPeople.com, where you can interact with other dealers and industry experts to ask questions or discuss issues facing your dealership.
BHPHOnline.com – This is another social networking site. BHPH Online is designed specifically for BHPH and LHPH dealers and the issues they face. Dealers from around the country can communicate with one another, discuss issues, ask questions and read blog posts from industry experts and successful dealers.
SubPrimeNews.com & UsedCarNews.com – These are the 2 main magazines dedicated to the used car industry. If you do not subscribe to their print editions, most of the material is also available online. While their focus is primarily on used car retail sales, they will occasionally feature an article on BHPH or LHPH. They also are a good source of information on what is going on in the used vehicle wholesale marketplace.